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‘Goodwill Credit’ For Apple Saving's Could Cost It $200 Million

To placate disgruntled customers, Apple announced it would offer a $100 “goodwill credit” to affected savings account holders. At $100 per goodwill credit, Apple could be on the hook for $200 million in credits.

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Will Apple’s Vision Pro Revolutionize Banking?

After the Vision Pro revolutionizes retail, travel, and entertainment—and after Apple releases Vision Pro Contact Lenses—then let’s talk about the Vision Pro revolutionizing the banking industry.

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Tracking Apple's growing fintech ambitions

Apple Card, the company's digital credit card that launched in 2019, counted 6.7 million users as of early 2022, according to a Cornerstone Advisors survey of credit card users.

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What the Apple Card High-Yield Savings Account is Really About

“Apple’s motivation is not to become a bank, but to drive an ecosystem,” says Ron Shevlin, Chief Research Officer at Cornerstone Advisors.

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